Settings8H · net · $10k
Funding arb · Price arb /

SYN

all SYN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0134%/8h= +14.7% APRnext payment +$0.67 per $10,000 · paid last 24h +0.004%
Price spread now: BingX against Orderly+0.144%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BingX is 0.144% dearer against Orderly than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_SYN_USDC_mythos0.24360.0100pay 0.0050% / 4h3h 05m$4K$41K10x
ShortBingX SYN-USDT0.24400.0234get 0.0117% / 4h3h 05m$3.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Orderly. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$28.14
Price spread: +0.144% → 0.000%
$14.37
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee BingX: 5 bp × 2 orders
−$10
Net
$26.51
Costs to cover
0.160%
Break-even
0.4 days
Slippage unknown: Orderly: no order-book sample; BingX: live order book, 14 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell BingX live order book, 14 min ago5.32 bp17.0 bp −$17106.4 bp −$1,064809.3 bp −$80.9Kdoesn't fit
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SYN on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SYNUSDT+0.0100%4h0.2440+0.152%$1.4M$3.3M10xas long as short
Orderly PERP_SYN_USDC_mythoslong+0.0100%4h0.2436long leg$4K$41K10x
Phemex SYNUSDT+0.0100%4h0.2437+0.016%$1.6M$1.8M50xas long as short
BingX SYN-USDTshort+0.0234%4h0.2440+0.144%$3.2M
MEXC SYN_USDT+0.0242%4h0.2438+0.078%$2.9M$7.5M50xas long as short
Binance SYNUSDT+0.0244%4h0.2439+0.119%$12.4M$40.9M10xas long as short
Kraken Futures PF_SYNUSD+0.0901%1h0.2434−0.068%$198K$554K10xas long as short
Aster SYNUSDT+0.1333%4h0.2442+0.242%$2.7M$812K5xas long as short